508 W Melrose Street # PH-W Chicago, IL $ 1,525,000
508 W Melrose Street # PH-W
$ 1,525,000
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508 W Melrose Street # PH-W

Chicago, IL, 60657
$ 1,525,000
Bedrooms3 Baths3.1 Sq 3,500

Monthly Estimate*

$ 9,390

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Condo for sale in Chicago, IL

for $1,525,000 with 3 bedrooms and 3 full baths, 1 half bath. This 3,500 square foot condo was built in 2003.

Rarely available approx. 3,500 sq ft on one-floor penthouse in elegant East Lakeview elevator building. Single-family home living in this spacious and well planned 3 bedroom plus study, 3.5 bath unit. Included with the unit are in building 3 deeded side by side heated garage parking spaces. Walk in and be amazed at the open concept kitchen, living room, and dining room area, perfect for entertaining and everyday living. This bright and extra wide unit offers privacy and views facing south, north and west. There is no shortage of natural light throughout, including 4 skylights that enhance the overall brightness of the unit. Updated kitchen offers caesarstone quartz countertops, peninsula and island perfect for entertaining and cooking. Walk out to the expansive terrace through two sets of double french doors, accessed from the living and dining room, and enjoy the sunset or your morning coffee. The terrace is equipped with a gas line for all your barbeque needs. Unit features high ceilings with beautiful ceiling details with crown molding throughout the unit, spacious living room area large enough for a sectional or two sofas, hardwood floors throughout, side by side washer dryer and loads of storage space. Cuddle up next to one of the two wood burning gas starter fireplaces and enjoy a glass of wine. Large primary bedroom with walk in closet, 2 sets of double closets, balcony and spa-like bathroom with dual vanities, whirlpool and separate shower. Second and third bedrooms are both ensuite and have ample storage and space for a king size bed. The study could serve as an extra bedroom, nursery, reading room or gym. Don't miss the opportunity to live in this spectacular home in the heart of East Lakeview, surrounded by bars, restaurants and coffee shops. Walking distance to grocery stores and the "L". Welcome home!

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Condo Active

Price

$ 1,525,000

Bedrooms

3

Full Bath

3

Half Bath

1

Property Type

Condo

Taxes

$ 29,171

Style

Condo,Penthouse

Year Built

2003

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12506348

Features
General
Living Area 3500
Sewer Public Sewer
Heating Natural Gas Forced Air
Cooling Central Air
Possession Closing Negotiable
Appliances Double Oven Microwave Dishwasher High End Refrigerator Washer Dryer Disposal Stainless Steel Appliance(s) Wine Refrigerator Oven Range Hood Gas Cooktop
HOA Fee 1363
Garage Spaces 3
Association Fee Includes Water Insurance Security Exercise Facilities Scavenger Snow Removal Internet
Construction Materials Brick
Pets Allowed Cats OK Dogs OK
Year Built 2003
Electric Circuit Breakers
Township Lake View
Unit Number PH-W
Tax Year 2024
Ownership Condo
Additional Parcels Description 14213120551052 14213120551051 14213120551053
Assoc Fee Paid Per Monthly
County Cook
New Construction N
Property Type Residential Attached Single
Association Amenities Elevator(s) Exercise Room Storage Security Door Lock(s)
Subdivision Name Park Plaza at Belmont Harbor
Total Rooms 7
Full Baths 3
Status New
Directions 1 BLOCK NORTH OF BELMONT AVE JUST WEST OF LAKE SHORE DRIVE
High School Lake View High School
City Chicago
High School District 299
MLS Area CHI - Lake View
Elementary School Nettelhorst Elementary School
Tax Annual Amount 29171.84
Middle/Junior High School Nettelhorst Elementary School
Additional Parcels Y/N Y
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Sub Type Condo Penthouse
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Interior
Interior Amenities Elevator Storage Walk-In Closet(s) Bookcases Open Floorplan
Basement None
Flooring Hardwood
Total Fireplaces 2
Fireplace Features Wood Burning Gas Starter
Total Stories 7
Half Baths 1
Laundry Features Washer Hookup In Unit Laundry Closet
Total Bedrooms 3
Room Type Study Balcony/Porch/Lanai
Total Baths 4
Bedrooms Possible 3
Bathroom Whirlpool Separate Shower Double Sink Soaking Tub
Total Number of Units 22
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Exterior
Exterior Amenities Balcony
Parking Features Shared Driveway Garage Door Opener Heated Garage Yes Garage Owned Attached Garage
Water Source Lake Michigan Public
Total Parking 3
Lot Dimensions COMMON
Waterfront Y/N N
Other Equipment Intercom CO Detectors
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* Excluded Features
List By
Keller Williams Onechicago

Broker

sara@dorgermccarthy.com

Email

Affordability Calculator

$11,821
Per Month
79%
21%
0%
Monthly Principal & Interest
$9,390
Monthly Property Taxes
$2,431
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
568142 Elementary School
568142 Middle School
Lake View High School High School
Pricing History
DatePricePrice ChangeDescription
4/9/2026$1,525,000 Listed Price

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508 W Melrose Street # PH-W, Chicago, IL, 60657 is a Condo for sale at $1,525,000 with 3,500 sqft. 508 W Melrose Street # PH-W has 3 bedrooms, 3.1 baths, and was built in 2003. The property's zip code is 60657 which is in Chicago, IL